Jubilant Food shares fall 0.17 per cent in Wednesday's trading session
The Relative Strength Index of the stock stood at 64.45 on Wednesday.
Shares of fell 0.17 per cent to Rs 479.0 in Wednesday's trade as of 12:06PM (IST) even as the benchmark ruled at 22301.75, down 0.75 points.The scrip had closed at Rs 479.85 in the previous session. The stock quoted a 52-week low of Rs 420.85 and a high of Rs 586.35. The company quoted a market-cap of Rs 31662.67 crore on the .
On BSE, 43,464 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 131.46 times its trailing 12-month EPS of Rs 3.34 per share and 14.26 times its book value. The return on equity (ROE) stood at Rs 17.33.
Key Financials
For the quarter ended 31-Dec-2023, reported consolidated sales of Rs 1382.27 crore, up 3.05 per cent from the same quarter a year ago. The company reported 18.24 per cent YoY de-growth in net profit at Rs 65.71 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Source: Stocks-Markets-Economic Times
